Corker Calls for New Approach to Counter North Korean Threat
In Thursday’s hearing to examine U.S. policy toward North Korea, U.S. Senator Bob Corker, R-Tenn., ranking member of the Senate Foreign Relations Committee, noted the failure of decades of U.S. attempts to convince North Korea to abandon its nuclear program and urged the U.S. to consider a new approach to counter the North Korean threat, […]
Corker Statement on Death of Venezuelan President Hugo Chavez
U.S. Senator Bob Corker, R-Tenn., ranking member of the Senate Foreign Relations Committee, today made the following statement on the death of Venezuelan President Hugo Chavez. “Following the death of Hugo Chavez, it is my hope that all Venezuelans will have the opportunity to fully exercise their political rights, including freedom of expression and assembly, […]
Corker Says Fannie & Freddie Income Must Be Used to Repay Taxpayers, Reform Housing Finance
In response to reports of increased income at mortgage finance agencies Fannie Mae and Freddie Mac, U.S. Senator Bob Corker, R-Tenn., member of the Senate Banking, Housing, and Urban Affairs committee, today said these profits must be used to repay taxpayers and reform our housing finance system after years of government dominance. “It’s great that […]
President Chooses Tax Tour Over Sequester Solutions
While hard-working taxpayers were worrying how the sequester will impact their communities, President Obama spent last Tuesday traveling on Air Force One trying to convince the American people that more tax increases are necessary. I simply cannot understand why the president would continue to play blame-game politics instead of meeting with congressional leaders during this […]
Rosa Parks has a Permanent Place in the U.S. Capitol
National Statuary Hall inside the U.S. Capitol was once the meeting place of the House of Representatives. Now it’s home to a collection of statues and monuments — two from each state — representing some of the defining figures in our nation’s history. Today those sculptures were joined by that of a civil rights icon. […]
Corker Says BPC Housing Reform Proposal Headed in Right Direction, Credits Report’s Focus on Restoring Private Mortgage Capital and Resolving Legal Limbo of Fannie & Freddie
Responding to a housing reform report from the Bipartisan Policy Center, U.S. Senator Bob Corker, R- Tenn., a member of the Senate Banking, Housing and Urban Affairs Committee, credited the proposal for focusing on putting “substantial private capital in front of the government” and “resolving the legal limbo” of government-sponsored enterprises Fannie Mae and Freddie […]
Treasury Issues General License To Allow Additional U.S. Economic Activity In Burma
Friday, the U.S. Department of the Treasury issued a general license to authorize additional U.S. economic activity in Burma. The general license, issued by the Office of Foreign Assets Control (OFAC), allows individuals, companies, and financial institutions to conduct most transactions – including opening and maintaining accounts and conducting a range of other financial services […]
U.S. Congressman Phil Roe, MD. Comments on State of the Union
In his fifth State of the Union address, President Obama underscored the importance of creating jobs and promoting economic growth, addressing the upcoming sequester, making investments in education and infrastructure, and passing comprehensive immigration reform. While most can agree these things are important, unfortunately, the president’s speech focused on what divides us as a nation, […]
Corker Comments on Hagel Nomination Debate
U.S. Senator Bob Corker, R-Tenn., made the following statement after voting against ending debate on Chuck Hagel’s nomination to serve as Secretary of Defense. “Generally, I believe a president’s cabinet nominee deserves an up-or-down vote in the Senate, but in this case, I believe a number of my colleagues have raised legitimate concerns about information […]
Now is the Time to Balance the Budget
Families across the United States have tightened their belts as a result of high unemployment and underemployment, a slow economic recovery and unprecedented uncertainty around their tax burden. What families do when faced with these challenges is set a budget and have a plan to deal with the uncertainty. With looming spending cuts from sequestration […]
Corker, Vitter Introduce Bill to Reestablish Price Stability as Fed’s Single Mandate
Senators Bob Corker, R-Tenn., and David Vitter, R-La., both members of the Senate Banking Committee, Monday introduced legislation to re-establish price stability as the Federal Reserve’s single mandate. “Providing the Fed with a clear and explicit focus on keeping inflation low will serve America better than the broad, bipolar mandate it has today. The dual mandate […]
Overly Burdensome Regulations Stifle Economic Growth
During President Obama’s second inaugural speech and in the days since, he laid the groundwork for a very liberal agenda. He has called for a path to citizenship for immigrants in the country illegally, a cap-and-trade system to address climate change, and comprehensive gun control measures. The rhetoric was a stark contrast to his pre-November […]
Alexander, Corker Urge Congress to Focus on Making Medicare, Medicaid and Social Security Solvent
U.S. Senators Lamar Alexander and Bob Corker, both Tennessee Republicans, today voted against H.R. 325, the House-passed debt limit bill, and urged Congress to focus on reforming Medicare, Medicaid and Social Security. “I voted against this bill because it raises the debt ceiling without taking steps to reduce the debt. Senator Corker and I have […]
